Lenders scolded for climate ignorance in ‘insane’ Florida deals

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Lenders Scolded for Climate Ignorance in ‘Insane’ Florida Real Estate Deals. Home. Real-Estate. Lenders Scolded for Climate Ignorance in ‘Insane’ Florida Real Estate Deals. Danielle Moran, Katia Porzecanski and Eric Roston. Bloomberg

No one should be lending for 30 years in most of Florida, warns Spencer Glendon, a senior fellow at the woods hole research center and a former partner and director of investment research at.

Weather 3-20-11 Lenders scolded for climate ignorance in insane’ Florida deals Lender with ties to Warren Buffett backs a loan for manufactured homes mortgage rates drop for the first time in four weeks That rate was 4.83% a year ago, 71 basis points higher. "Mortgage rates for all loan types fell by a sizable margin for the second straight week, pulled down by trade. housing supply is still very.Clayton.

Lenders Scolded for Climate Ignorance in Insane’ Florida Deals.. Katia Porzecanski and Eric Roston Hurricane Michael killed seven people and caused more than $6 billion in damage in Florida in October, a toll compounded by warmer, higher seas and wetter air, the signs of climate change scientists have long warned about. But investors.

Spencer Glendon, a senior fellow at the Woods Hole Research Center, said that no one should be lending on new projects in most of Florida for the next 30 years. Share this post Tags: home loans , invest , mortgage , refinance , us lending and real estate

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In 30 years, climate change is going to make much of Florida too risky for real estate lenders, according to Spencer Glendon. His advice is that it’s okay to rent in Florida, but it is “insane” to.

 · Climate ignorance driving some insane’ deals. In 30 years, climate change is going to make much of Florida too risky for real estate lenders, according to Spencer Glendon, a senior fellow at the Woods Hole Research Center and a former partner

Source: Lenders Scolded for Climate Ignorance in ‘Insane’ Florida Deals – Bloomberg #florida#real estate rising rents for Millennials Give Rise to a New Breed of Lender – WSJ Posted on May 14, 2019 by Urban Coyote Funding

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Hurricane Michael killed seven people and caused more than $6 billion in damage in Florida in October, a toll compounded by warmer, higher seas and wetter air, the signs of climate change scientists.